Sale of sole trader business
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jilt
Registered Posts: 2,903 Beyond epic contributor 🧙♂️
I have a client who has just sold her sole trader deli business. The agent marketed it at £29k and she has accepted an offer of £27,000.
The solicitor has sent her to me to ask for a split of the £27k between Goodwill, fixtures and equipment, and lease. F & E I obviously have a figure for but not sure how to split the balance. The lease has 3.5 years left at £6840pa.
Could anyone advise me how to split the difference please if I need to that is.
The solicitor has sent her to me to ask for a split of the £27k between Goodwill, fixtures and equipment, and lease. F & E I obviously have a figure for but not sure how to split the balance. The lease has 3.5 years left at £6840pa.
Could anyone advise me how to split the difference please if I need to that is.
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